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    $1,975,000

  • 3/6/17 | MLS#: A4164891

329 / 331 BEACH ROAD #1-5 SARASOTA, FL 34242

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Listing provided courtesy of: RE/MAX Alliance Group

Overview

SPECIAL SIESTA KEY RENTAL PROPERTY / DEVELOPMENT OPPORTUNITY; This Siesta Key rental property comes with 5 rental units / 2-buildings ~ Property sits directly across from a WIDE County beach access ~ Siesta Key Village close BY ~ Siesta Key Beach RIGHT in front of the property ~ Estimated gross income: $120K - $140K ~ daily / weekly / monthly / annual rentals allowed ~ Owners just completed a total renovation to include but not exclusive to a new pool and pool area ~ Development Opportunity: 2 single family units FULL GULF VIEWS can be built on the lot if the current structure is razed ~ MUST SEE PROPERTY VITUAL TOUR LINK TO APPRECIATE!!!!! ~ EASY TO SHOW! NOTE:The property includes 2 buildings, the second is addressed @ 331 Beach Road, Sarasota, FL 34242

General Features

  • Disclosures Lead Paint, Seller Property Disclosure
  • County Or Parish Sarasota
  • Furnished Furnished
  • Complex Community Name NCCB 329-331 BEACH ROAD
  • Community Features Pool, Sidewalk
  • Annual Net Income 72000.00
  • Annual Expenses 48000
  • Additional Water Information This property is very unique, the Gulf of Mexico views @ Siesta Key are protected by a County beach easement, get the protected view without the cost!!!!
  • Additional Rooms Bonus Room, Family Room, Florida Room, Interior In-Law Apartment, Interior In-Law Apt
  • Pets Allowed Monthly Pet Fee, Yes
  • Pet Size Large (61-100 Lbs.)
  • Pet Restrictions Pet policy needs to be discussed with management company on case by case basis.
  • Other Structures Guest House, Shed(s), Storage
  • Number Of Units Total 5
  • Zoning RMF1
  • Year Built 1924
  • Subdivision Name SARASOTA BEACH

Building Features

  • Appliances Dryer, Electric Water Heater, Microwave, Range, Washer
  • Architectural Style Other, Spanish/Mediterranean
  • Window Features Blinds, Window Treatments
  • Spa Yn 1
  • Security Features Security System Owned, Smoke Detector(s)
  • Levels Two
  • Parking Features Assigned, Guest, None
  • Patio And Porch Features Deck, Patio, Porch
  • Roof Membrane, Other, Tile
  • Living Area 2876.00
  • Interior Features Ceiling Fans(s), Eating Space In Kitchen, Furnished, Kitchen/Family Room Combo, Master Bedroom Downstairs, Other, Window Treatments
  • Laundry Features Inside
  • Heating Electric, Heat Pump, Zoned
  • Direction Faces West
  • Cooling Central Air, Wall/Window Unit(s)
  • Exterior Features French Doors, Balcony, Fenced, Sidewalk, Storage
  • Flooring Ceramic Tile, Other, Wood
  • Building Name Number 329-331 BEACH
  • Construction Materials Block, Stucco, Wood Frame
  • Building Area Source Public Records

Property Features

  • Lot Features Corner Lot, Flood Plain, In County, Near Public Transit, Oversized Lot
  • Lot Size Dimensions 116 X 101.5
  • Lot Size Acres 0.27
  • Pool Features Indoor, Other
  • Lot Size Square Feet 11584
  • Pool Private Yn 1
  • View Pool, Water
  • Vegetation Mature Landscaping
  • Total Acreage 1/4 Acre to 21779 Sq. Ft.
  • Waterfront Yn 1
  • Waterfront Feet Total 200
  • Waterfront Features Beach - Public
  • Water View Yn 1
  • Water View Beach, Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Total Num Buildings 2
  • Water Frontage Feet Beach Pub 200
  • Water Body Name GULF OF MEXICO
  • Water Access Yn 1
  • Water Access Beach - Public, Gulf/Ocean

Schools

  • Elementary School Phillippi Shores Elementary
  • High School Riverview High
  • Middle Or Junior School Brookside Middle

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Days on Market

  • This property was listed on the market for 50 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Home Valuation

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Community Demographics for Zip Code 34242 (SARASOTA)

Housing Occupancy
  • Home Owners: 4,162 (32%)
  • Renters: 575 (4%)
  • Vacant: 8,258 (64%)
  • Total Housing Units: 12,995
Households
  • Average Household Size: 1.89
  • Housing Density (People per square mile): 2,493
Age Range (number of people)
  • Age 0-14: 723
  • Age 15-24: 502
  • Age 25-39: 710
  • Age 40-59: 1,362
  • Age 60-79: 2,975
  • Age 80+: 2,703
  • Total: 8,975

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 34242 (SARASOTA)

Private Schools in Zip Code 34242 (SARASOTA)

* This list of schools may not match the property above.

Out Of Door Academy 444 Reid St. Sarasota, FL 34242 Phone: 9413493223 PreK-12th
Grade Size Distribution
  • PreK: 35
  • Knd: 53
  • 1st: 59
  • 2nd: 55
  • 3rd: 49
  • 4th: 52
  • 5th: 54
  • 6th: 49
  • 7th: 58
  • 8th: 27
  • 9th: 27
  • 10th: 36
  • 11th: 59
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 596

* School data provided by US Department of Education


Listing information provided in part by the IDX Program of My Florida Regional MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 4/26/2018 11:25 AM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional